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Huatai Securities reports profit gains in Q1

April 30, 2020


Abstract : Huatai Securities, a leading Chinese brokerage, reported an increase in net profits in the first quarter (Q1) of 2020.

BEIJING, April 30 (Xinhua) -- Huatai Securities, a leading Chinese brokerage, reported an increase in net profits in the first quarter (Q1) of 2020.

The company raked in 2.89 billion yuan (around 409.5 million U.S. dollars) in net profits attributable to shareholders in Q1, up 3.9 percent year on year, according to its Q1 financial report filed with the Shanghai Stock Exchange.

Its revenue amounted to 6.87 billion yuan in the first three months, up 9.87 percent year on year, said the report.

The share of the company gained 2.83 percent to close at 18.14 yuan apiece Thursday. Enditem

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Keyword: securities Huatai Securities

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